The GuateVerde 2009 Business Plan Competition Winner Is… Quetsol

After months of competition, over 30 hours of business development training, and endless hours of practicing business pitches on October 24, 2009 six talented teams presented their business plan proposals in the final phase of AIDG’s business plan competition: GuateVerde 2009.

GuateVerde 2009 Semi-finalists

Needless to say, with such strong competitors and outstanding presentations, choosing a winner was not easy but it is with great pleasure that AIDG announces this year’s GuateVerde winner, Quetsol.

Quetsol, Winner of GuateVerde 2009
Quetsol is a new business that will provide high efficiency, low cost solar technologies that aim to increase access to basic illumination, electricity generation, and water pumping in Guatemala. Their mission is to help their clients save money and improve their quality of life through the use of appropriate technology.

Who are Quetsol?

Quetsol’s Director of Technology and Finance, Manuel Aguilar, holds a Master’s Degree in astrophysics and a Bachelor’s Degree in astrophysics and physics from Harvard University. His work experience includes founding and managing a global-macro hedge fund, working as a quantitative analyst for a private equity group, as well as significant astrophysics research.

Director of Marketing and Sales Juan Rodriguez has a Business Administration degree from the Universidad Francisco Marroquin in Guatemala City with an emphasis in finance and marketing. For the past four years, he had worked as a marketing manager for Proctor & Gamble Interamericas and formally owned and managed his own advertising agency.

The third member of the Quetsol team is Matthew King, their Director of Logistics and Operations. Mr. King is a recent graduate of Harvard University with a Bachelor’s degree in the Comparative Study of Religion. His studies have also taken him to Cuba, via the David Rockefeller Center for Latin American Studies, and Japan. His work experience includes solar photovoltaic and biodigestor installations in Nicaragua, appropriate infrastructure development advocacy in Brazil, and activism against deforestation in California.

Manuel Antonio Aguilar and Juan Fermín Rodríguez
Manuel Antonio Aguilar and Juan Fermín Rodríguez
Solar LED lighting

Solar LED lighting

Solar lantern and flashlight
Samples of Quetsol’s proposed product line

AIDG is greatly looking forward to working with this talented team and continuing in our mission to increase access to basic energy through local business support. Congratulations to Quetsol and thank you to all the staff, volunteers, reviewers, judges and supporters who made GuateVerde 2009 a huge success!


GuateVerde 2009 Judges: Ing. Saúl Santos, Dr. Dennis Rodas, Ruth Degolia, Peter Haas, Cat Lainé, Lic. Juan Molina